Suspension/Termination Right. Siemens may suspend work if an undisputed invoice is more than thirty (30) days past due. Siemens may terminate this Agreement if an undisputed invoice is more than sixty (60) days past due. Unless prohibited by law, Siemens may also terminate this Agreement immediately in the event of a material adverse change in Buyer’s financial condition including, but not limited to, bankruptcy, insolvency, liquidation or similar financial condition.
Appears in 5 contracts
Samples: Siemens Standard Terms And, Siemens Standard Terms And, Siemens Standard Terms And
